During President Obama’s administration, useless hedge fund managers cried big boy tears about how persecuted they were being. President Obama had to frequently attempt to remind them that they made way too much money to be crying over anything.
Sadly, President Obama did not have the will to send them all to jail where many of them deserve to be—to this day.
In 2010, after President Obama helped to navigate our country out of the largest economic disaster since the 1929 Wall Street crash, he held a televised Town Hall. During it, a younger and equally craven Anthony Scaramucci got to ask a question.
The question sounded something like “WAH WAH WAH WAH WAH, my feelings!”
To which President Obama replied.
I think it'd be useful to go back and look at the speeches that I've made, including a speech by the way I made back in 2007, on Wall Street, before Lehmans had gone under. In which I warned about a potential crisis if we didn't start reforming practices on Wall Street. At the time I said exactly what you said, which is Wall Street and Main Street are connected. We need a vibrant vital financial sector that is investing in businesses investing in jobs investing in our people providing consumers loans so they can buy products all that's very important and we want that to thrive but we've got to do so in a responsible way.
I have been amused over the last couple of years this sense of somehow meet beating up on Wall Street. I think most folks on Main Street feel like they got beat up on; and I'll be honestly there's a big chunk of the country--hold on--I was like there's a big chunk of the country that thinks that I have been too soft yet on Wall Street and that's the majority—not the minority.
Now, what I've tried to do is just try to be practical. You know I'm sure that at any given point over the last two years there have been times where I have been frustrated, and I'll give you some examples—I mean when I hear folks who say that somehow were being too tough on Wall Street, but after a huge crisis the top 25 hedge fund managers took home a billion dollars in income that year. A billion!
For what it’s worth, Scaramucci is exactly like the rest of this administration—pond scum moonlighting as human.